Post
Topic
Board Altcoin Discussion
Re: Will we ever get another 7th Jan 2018 Alt Season?
by
Coyster
on 17/12/2020, 12:41:46 UTC
- Can we get another similar Alt season bull market when btc is volatility consolidating at new all time highs before the bitcoin bubble gets popped like above? Or is this start of a new bull market for btc where we have to wait till next year or 2022 for another alt season peak when btc is hovering at $100k or whatever new ath it hits?
We could and as well may not, that's why everything in crypto is somewhat speculative, what I'm sure is we're going to have a different pattern from that of the last Btc ATH, quite a lot of things have changed in the network, mostly positively; the altcoin market may see some good spike as Bitcoin continues to grow higher, but we cannot predict the exact timing that all this will happen.
Are Alts dying and BTC will be king?
Well, not all of them, there are still good altcoins like ethereum, it may be far of from Bitcoin, but it has also had its own share of spikes this year, and it's going to continue, there are other altcoins like that as well, though many alts are going to wither with time and due to lack of demand, but generally alts aren't 'dead'.